Farmers Business Network Acquires Australia’s Farmsave

Farmers Business Network has acquired Farmsave, an online agricultural inputs platform that provides real-time input pricing transparency and services to thousands of independent Australian farmers. Much like FBN, Farmsave gives farmers across Australia access to competitive prices on key farm chemicals from a range of suppliers and arranges delivery of goods directly to local depots and farms. Currently serving over 5,000 Australian farms, Farmsave boosts farmers’ bargaining power and drives down input costs. FBN expects to announce a range of new offerings to Farmsave’s existing members and all Australian farmers in the months ahead. A recent spate of consolidation among global chemical manufacturers and national retailers has resulted in dwindling choice for farmers across Australia. FBN says that with limited independent information sources for chemical prices or trends, farmers have been unable to purchase inputs with confidence. Farmer’s Business Network is an independent farmer-to-farmer network, built by and for over 11,500 farmers in North America. The terms of the acquisition were not disclosed.